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Surviving	
  and	
  Thriving	
  in	
  the	
  New	
  Economy	
  
               Facing	
  the	
  Reality	
  of	
  a	
  Tran...
Surviving Thriving in the New Economy
Facing	
  the	
  Reality	
  of	
  a	
  Transforming	
  Business	
  World	
  


• A r...
The four quadrants of the new economy
Understanding the transformation so as to be better survive and thrive




         ...
The first quadrant of the new economy
Understanding the transformation so as to be better survive and thrive


  Global	
 ...
Global




Clients, partners and competitors
from around the world

                Benoit Montreuil © 2004-2010
Global




A flattening world
                Benoit Montreuil © 2004-2010
Global
 Ubiquitous interconnectivity




Global value chains
                Benoit Montreuil © 2004-2010
Global




Local,
Regional,
Global
            Benoit Montreuil © 2004-2010
Global




                                              Source: http://europa.eu




Free trade zones
               Beno...
Global




Product localizing
                Benoit Montreuil © 2004-2010
Global




Ethics and Equitability
                 Benoit Montreuil © 2004-2010
Global




Environment and
sustainable development
               Benoit Montreuil © 2004-2010
Global

                                                                                 National
  Legislations          ...
Global
          •  Clients, partners and competitors
             from around the globe
          •  A flattening world
 ...
The second quadrant of the new economy
Understanding the transformation so as to be better survive and thrive


  Global	
...
Digital




                                         eBusiness
          Benoit Montreuil © 2004-2010
Digital
SecondLife
                            Virtual communities




                                                   ...
Digital




                            CISCO TelePresence http://www.cisco.com/en/US/products/ps7087/prod_view_selector.h...
Digital




                           Virtual marketspaces
                             and business webs
          Benoi...
Digital




                              Mobile technologies
          Benoit Montreuil © 2004-2010
Digital




                                         Source : http://www.microsoft.com/streets/ProductDetails.aspx?pid=001...
Digital




          Live traceability and visibility
            Benoit Montreuil © 2004-2010
Digital




                Miami Beach broker Maria Gomez uses an attractive bot virtual agent to sell condos in Miami Be...
Digital




                                                  http://www.management-cockpit.net




                      ...
Digital




                                          Photo: NewsCom.com, Sherwin Crasto




                             ...
Digital




                                         Open Source
          Benoit Montreuil © 2004-2010
Les grandes facettes de la nouvelle économie
Digital
En saisir la nature et les impacts afin de mieux se préparer à prospé...
The third quadrant of the new economy
Understanding the transformation so as to be better survive and thrive


  Global	
 ...
Les grandes facettes de la nouvelle économie
En saisir la nature et les impacts afin de mieux se préparer à prospérer




...
Les grandes facettes de la nouvelle économie
En saisir la nature et les impacts afin de mieux se préparer à prospérer




...
Les grandes facettes de la nouvelle économie
En saisir la nature et les impacts afin de mieux se préparer à prospérer




...
Les grandes facettes de la nouvelle économie
       En saisir la nature et les impacts afin de mieux se préparer à prospér...
Les grandes facettes de la nouvelle économie
En saisir la nature et les impacts afin de mieux se préparer à prospérer




...
Les grandes facettes de la nouvelle économie
En saisir la nature et les impacts afin de mieux se préparer à prospérer




...
Les grandes facettes de la nouvelle économie
En saisir la nature et les impacts afin de mieux se préparer à prospérer




...
Les grandes facettes de la nouvelle économie
     En saisir la nature et les impacts afin de mieux se préparer à prospérer...
Les grandes facettes de la nouvelle économie
En saisir la nature et les impacts afin de mieux se préparer à prospérer




...
The fourth quadrant of the new economy
Understanding the transformation so as to be better survive and thrive


  Global	
...
http://www.exefind.com/free-wild-nascar-screensaver-P28756.html



Change your time frame by an order of magnitude:
From y...
Web source: Doctissimo – image bank: London, San Marin Lane Hotel




Benoit Montreuil © 2004-2010
                   2007...
Turbulent
            Benoit Montreuil © 2004-2010
                               2007-2010
Les grandes facettes de la nouvelle économie
        En saisir la nature et les impacts afin de mieux se préparer à prospé...
Les grandes facettes de la nouvelle économie
En saisir la nature et les impacts afin de mieux se préparer à prospérer




...
Les grandes facettes de la nouvelle économie
   En saisir la nature et les impacts afin de mieux se préparer à prospérer

...
Les grandes facettes de la nouvelle économie
En saisir la nature et les impacts afin de mieux se préparer à prospérer




...
Les grandes facettes de la nouvelle économie
                                                                  En saisir l...
Les grandes facettes de la nouvelle économie
En saisir la nature et les impacts afin de mieux se préparer à prospérer




...
The four quadrants of the new economy
Understanding the transformation so as to be better survive and thrive


  Global	
 ...
The four quadrants of the new economy
Understanding the transformation so as to be better survive and thrive

•  Clients, ...
How to profit from
                    a better understanding
             of the transforming business world

1.  Review ...
How to profit from
                      a better understanding
               of the transforming business world


2.    ...
How to profit from
                   a better understanding
            of the transforming business world

3.  Consider ...
How to profit from
                 a better understanding
          of the transforming business world

4.  Engage in ada...
How to profit from
              a better understanding
       of the transforming business world
5.  Execute smartly anyt...
Conclusion

   I like to see the transforming business world
 as offering a wealth of challenging opportunities

    We mu...
Surviving	
  and	
  Thriving	
  in	
  the	
  New	
  Economy	
  
               Facing	
  the	
  Reality	
  of	
  a	
  Tran...
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Surviving and thriving in the new economy facing the reality of a transforming business world - benoit montreuil 2010-10-14

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A road trip of the transforming business world, through a portray of four quadrants of the new economy, aiming to spark the required adaptation of your world view, mental maps and fundamental paradigms.
Professor Benoit Montreuil, Laval University, Quebec, Canada

Published in: Business, Technology
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Transcript of "Surviving and thriving in the new economy facing the reality of a transforming business world - benoit montreuil 2010-10-14"

  1. 1. Surviving  and  Thriving  in  the  New  Economy   Facing  the  Reality  of  a  Transforming  Business  World   Benoit  Montreuil,  P.E.,  Ph.D.   Canada  Research  Chair  in  Enterprise  Engineering   CIRRELT  Interuniversity  Research  Center  on   Enterprise  Networks,  Logis<cs  and  Transporta<on   Faculty  of  Administra<on  Sciences   Université  Laval   Québec,  Canada   Benoit.Montreuil@cirrelt.ulaval.ca   Version:  October  14th,  2010   Benoit  Montreuil  ©  2004-­‐2010   Benoit Montreuil © 2004-2010
  2. 2. Surviving Thriving in the New Economy Facing  the  Reality  of  a  Transforming  Business  World   • A road trip in this transforming business world • Through a portray of the new economy’s four characterizing quadrants •  Aiming to spark the required adaptation of your world view, mental models, mind maps and fundamental paradigms Benoit Montreuil © 2004-2010
  3. 3. The four quadrants of the new economy Understanding the transformation so as to be better survive and thrive Benoit Montreuil ©© 2004-2010 Benoit Montreuil 2004-2010
  4. 4. The first quadrant of the new economy Understanding the transformation so as to be better survive and thrive Global   Benoit Montreuil ©© 2004-2010 Benoit Montreuil 2004-2010
  5. 5. Global Clients, partners and competitors from around the world Benoit Montreuil © 2004-2010
  6. 6. Global A flattening world Benoit Montreuil © 2004-2010
  7. 7. Global Ubiquitous interconnectivity Global value chains Benoit Montreuil © 2004-2010
  8. 8. Global Local, Regional, Global Benoit Montreuil © 2004-2010
  9. 9. Global Source: http://europa.eu Free trade zones Benoit Montreuil © 2004-2010
  10. 10. Global Product localizing Benoit Montreuil © 2004-2010
  11. 11. Global Ethics and Equitability Benoit Montreuil © 2004-2010
  12. 12. Global Environment and sustainable development Benoit Montreuil © 2004-2010
  13. 13. Global National Legislations Trade groups organizations and certifications World Regional International organizations organizations Supranational National State or province Locality: towns, regions Benoit Montreuil © 2007-2010 Benoit Montreuil © 2004-2010
  14. 14. Global •  Clients, partners and competitors from around the globe •  A flattening world •  Ubiquitous Interconnectivity •  Global value chains •  Local, regional, global •  Free trade zones •  Product localizing •  Ethics and equitability •  Environment & sustainable development •  Legislations & certifications Benoit Montreuil © 2004-2010
  15. 15. The second quadrant of the new economy Understanding the transformation so as to be better survive and thrive Global   Digital   Benoit Montreuil © 2004-2010
  16. 16. Digital eBusiness Benoit Montreuil © 2004-2010
  17. 17. Digital SecondLife Virtual communities YouTube FaceBook Benoit Montreuil © 2004-2010 LinkedIn Benoit Montreuil © 2007-2010
  18. 18. Digital CISCO TelePresence http://www.cisco.com/en/US/products/ps7087/prod_view_selector.html Telepresence & virtual enterprises Benoit Montreuil © 2004-2010
  19. 19. Digital Virtual marketspaces and business webs Benoit Montreuil © 2004-2010
  20. 20. Digital Mobile technologies Benoit Montreuil © 2004-2010
  21. 21. Digital Source : http://www.microsoft.com/streets/ProductDetails.aspx?pid=001 Connective technologies GPS, RFID, Web, ambient intelligence Benoit Montreuil © 2004-2010
  22. 22. Digital Live traceability and visibility Benoit Montreuil © 2004-2010
  23. 23. Digital Miami Beach broker Maria Gomez uses an attractive bot virtual agent to sell condos in Miami Beach Source: http://blog.sellsiusrealestate.com/residential-real-estate/robot-sells-condos-on-miami-beachs-millionaire-row/2006/08/09/ Virtual agents Benoit Montreuil © 2004-2010
  24. 24. Digital http://www.management-cockpit.net Real time piloting Benoit Montreuil © 2004-2010
  25. 25. Digital Photo: NewsCom.com, Sherwin Crasto Digital outsourcing Benoit Montreuil © 2004-2010
  26. 26. Digital Open Source Benoit Montreuil © 2004-2010
  27. 27. Les grandes facettes de la nouvelle économie Digital En saisir la nature et les impacts afin de mieux se préparer à prospérer Benoit Montreuil © 2004-2007 Benoit Montreuil © 2004-2010
  28. 28. The third quadrant of the new economy Understanding the transformation so as to be better survive and thrive Global   Digital   CoopeRRve   Benoit Montreuil © 2004-2010
  29. 29. Les grandes facettes de la nouvelle économie En saisir la nature et les impacts afin de mieux se préparer à prospérer Coopetitive Benoit Montreuil © 2004-2007 Benoit Montreuil © 2004-2010
  30. 30. Les grandes facettes de la nouvelle économie En saisir la nature et les impacts afin de mieux se préparer à prospérer Coopetitive Benoit Montreuil © 2004-2007 Benoit Montreuil © 2004-2010
  31. 31. Les grandes facettes de la nouvelle économie En saisir la nature et les impacts afin de mieux se préparer à prospérer Source: cowlesgallery.com Coopetitive Benoit Montreuil © 2004-2007 Benoit Montreuil © 2004-2010
  32. 32. Les grandes facettes de la nouvelle économie En saisir la nature et les impacts afin de mieux se préparer à prospérer Lenovo production plant in Beijing : http://msnbcmedia.msn.com/j/msnbc/Components/Photos/050519/050519_china_silicon_hmed5p.hmedium.jpg http://www.lenovo.com/products/us/en/ Coopetitive Benoit Montreuil © 2004-2007 Benoit Montreuil © 2004-2010
  33. 33. Les grandes facettes de la nouvelle économie En saisir la nature et les impacts afin de mieux se préparer à prospérer Source: www.thornhillgm.com Source: http://bayview.toyota.ca/ Coopetitive Benoit Montreuil © 2004-2007 Benoit Montreuil © 2004-2010
  34. 34. Les grandes facettes de la nouvelle économie En saisir la nature et les impacts afin de mieux se préparer à prospérer Coopetitive Benoit Montreuil © 2004-2007 Benoit Montreuil © 2004-2010 2010
  35. 35. Les grandes facettes de la nouvelle économie En saisir la nature et les impacts afin de mieux se préparer à prospérer Free video calls on Internet with Skype! Coopetitive Benoit Montreuil © 2004-2007 Benoit Montreuil © 2004-2010 2010
  36. 36. Les grandes facettes de la nouvelle économie En saisir la nature et les impacts afin de mieux se préparer à prospérer 1.  In 2004, LEGO invited 4 expert users, master- builders, to help design the Mindstorms product 2.  A year later, 10 more joined to test what had been developed. Recently, 100 more spots opened up, for which nearly 10,000 people applied 3.  Next, LEGO invited major corporations and organizations to join the developer’s circle. 4.  LEGO events: to BIG ROBOT ON CAMPUS! 5.  A social media network has inevitably sprung up around MINDSTORMS NXT users 6.  There are the Mindtsorms blogs such as Nxtbot and bNXT 7.  LEGO product drives us to create or co-create. 8.  Not just build our own robots or our own code for the bots but communities and events, such as the First Lego league International Coopetitive Source: http://johnbell.typepad.com/weblog/2006/09/3_ways_lego_lea.html Benoit Montreuil © 2004-2007 Benoit Montreuil © 2004-2010 2010
  37. 37. Les grandes facettes de la nouvelle économie En saisir la nature et les impacts afin de mieux se préparer à prospérer Coopetitive Benoit Montreuil © 2004-2007 Benoit Montreuil © 2004-2010
  38. 38. The fourth quadrant of the new economy Understanding the transformation so as to be better survive and thrive Global   Digital   CoopeRRve   Turbulent   Benoit Montreuil © 2004-2010
  39. 39. http://www.exefind.com/free-wild-nascar-screensaver-P28756.html Change your time frame by an order of magnitude: From years to months to weeks to days to hours to minutes to seconds Benoit Montreuil © 2004-2010 2007-2010
  40. 40. Web source: Doctissimo – image bank: London, San Marin Lane Hotel Benoit Montreuil © 2004-2010 2007-2010
  41. 41. Turbulent Benoit Montreuil © 2004-2010 2007-2010
  42. 42. Les grandes facettes de la nouvelle économie En saisir la nature et les impacts afin de mieux se préparer à prospérer Space Vehicles Electronics Bio Nano Turbulent Benoit Montreuil © 2004-2010 Benoit Montreuil © 2004-2007 Sources: Science-et-vie.com et Encyclopedia Universalis Benoit Montreuil © 2004-2010
  43. 43. Les grandes facettes de la nouvelle économie En saisir la nature et les impacts afin de mieux se préparer à prospérer Turbulent Benoit Montreuil © 2004-2007 Benoit Montreuil © 2004-2010
  44. 44. Les grandes facettes de la nouvelle économie En saisir la nature et les impacts afin de mieux se préparer à prospérer Alcoa veut acheter Alcan 7 mai 2007 - 07h19 LaPresseAffaires.com Michel Munger Le numéro deux de l'aluminium, Alcoa (AA) lancera mardi une offre hostile afin d'acheter le numéro trois Alcan (AL) pour 73,25 $ US par action. www.stockhouse.com ALCAN ALCOA Turbulent Benoit Montreuil © 2004-2007 Benoit Montreuil © 2004-2010
  45. 45. Les grandes facettes de la nouvelle économie En saisir la nature et les impacts afin de mieux se préparer à prospérer www.washington.edu www.esoturio.de www.desertratdemocrat.com www.osha.gov/as/opa/911/ Turbulent Benoit Montreuil © 2004-2007 Benoit Montreuil © 2004-2010
  46. 46. Les grandes facettes de la nouvelle économie En saisir la nature et les impacts afin de mieux se préparer à prospérer www.bostonharborsailing.com/images/j29a_big.jpg www.solarnavigator.net students.resa.net/milewski/rowing3.jpg Turbulent Benoit Montreuil © 2004-2007 Benoit Montreuil © 2004-2010
  47. 47. Les grandes facettes de la nouvelle économie En saisir la nature et les impacts afin de mieux se préparer à prospérer http://perso.orange.fr/pgj/hubble/2003-13-a-web.jpg Turbulent Benoit Montreuil © 2004-2007 Benoit Montreuil © 2004-2010 2004-2009
  48. 48. The four quadrants of the new economy Understanding the transformation so as to be better survive and thrive Global   Digital   This  impacts  every  enterprise  in  the  world   CoopeRRve   Turbulent   Benoit Montreuil © 2004-2010 2004-2009
  49. 49. The four quadrants of the new economy Understanding the transformation so as to be better survive and thrive •  Clients, partners and competitors from around the globe Digital   •  A flattening world •  Ubiquitous Interconnectivity •  Global value chains Global   •  Local, regional, global •  Free trade zones •  Product localizing •  Ethics and equitability •  Environment & sustainable development •  Legislations & certifications This  impacts  every  enterprise  in  the  world   CoopeRRve   Turbulent   Benoit Montreuil © 2004-2010
  50. 50. How to profit from a better understanding of the transforming business world 1.  Review systematically your business world view 1.  When pertinent, adjust the portray to suit the evolving reality •  Challenge both the quadrants and their characteristics •  An unrealistic portray can dangerously mislead you 2.  Make sure you can sign the portray as the best you can draw 3.  Write, illustrate and deliver it so that your team makes it its own 4.  Remember that the portray will get obsolete, so get back to 1.1 Benoit Montreuil © 2004-2010
  51. 51. How to profit from a better understanding of the transforming business world 2.  For each each key facet of your business world view, assess its impact on your business 1.  Find hard facts pertinent to your business 2.  What are the opportunities and threats for your business? 3.  To which degree are you ready to face the music? What your strengths and weaknesses? Leader or laggard? 4.  In which way does it challenge or alter your mental models, mind maps and fundamental paradigms ? Benoit Montreuil © 2004-2010
  52. 52. How to profit from a better understanding of the transforming business world 3.  Consider the big picture, integrating all its facets, to assess the overall impact on your business 1.  Make a brief, realistic, vivid, easy-to-understand synthesis. 2.  Co-create and share this synthesis with your team. 3.  What is its holistic meaning for your business and yourself? •  Overall threats and opportunities, weaknesses and strengths •  What are our key gaps? •  Are we leaders, middle of the pack, or laggars where it is going to really count? 4.  In which way does it challenge or alter your mental models, mind maps and fundamental paradigms ? Benoit Montreuil © 2004-2010
  53. 53. How to profit from a better understanding of the transforming business world 4.  Engage in adapting your business and in innovating: relentlessly, now and forever 1.  Be creative: What adaptation and innovation can you imagine in terms of product, service, solution, process, business model that could enable your business to survive and thrive? 2.  Explore: Road test potential adaptations and innovations, through simulations and pilots, learning from both successes and failures 3.  Go for it: Deploy best fit adaptations and innovations: well, fast & global Benoit Montreuil © 2004-2010
  54. 54. How to profit from a better understanding of the transforming business world 5.  Execute smartly anytime anywhere 1.  Every single action and decision you take matters •  Make sure you keep in mind your learnings and leverage them •  Be disciplined, keep stretching yourself and your team 2.  Everyone matters •  Enable, leverage and stimulate every stakeholder: client, team member, supplier, partner… 3.  Always sense, learn and share •  Exploit every occasion to push your frontiers, to challenge and expand your world view 4.  Have fun and stimulate passion •  People make the difference •  Help your people have a great life and thrive •  They will help your business survive and thrive Benoit Montreuil © 2004-2010
  55. 55. Conclusion I like to see the transforming business world as offering a wealth of challenging opportunities We must not fear of reinventing ourselves so as to better thrive: adaptability is key to survival Going solo is often too slow, costly and risky: Networking with partners must become a way of life We need more than hard work, it has to be smart, engaging & fun Benoit Montreuil © 2004-2010
  56. 56. Surviving  and  Thriving  in  the  New  Economy   Facing  the  Reality  of  a  Transforming  Business  World   Benoit  Montreuil,  P.E.,  Ph.D.   Canada  Research  Chair  in  Enterprise  Engineering   CIRRELT  Interuniversity  Research  Center  on   Enterprise  Networks,  Logis<cs  and  Transporta<on   Faculty  of  Administra<on  Sciences   Université  Laval   Québec,  Canada   Benoit Montreuil © 2004-2010 Benoit Montreuil © 2004-2010
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